Valmet’s co-determination negotiations for temporary lay-offs are completed
Valmet Oyj’s press release on December 2, 2020 at 9:30 a.m. EETValmet announced on November 24, 2020 the start of co-determination negotiations for temporary lay-offs in Finland. The negotiations were started due to financial and production related reasons, especially because of the reducing workload in the services business done close to customers. The global Covid-19 pandemic continues to cause uncertainty in Valmet’s operating environment. The negotiations concerned in total about 940 employees out of 1,680 employed by the Services business line and EMEA area organization in Finland.